GENERAL MEETINGS: Outcome of Meeting
| FOUNDPAC GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 22 Nov 2023 |
| Time | 09:00 AM |
| Venue(s) |
Wembley Room 10, Level 9 The Wembley, A St Giles Hotel Penang 183, Jalan Magazine, 10300 Penang Malaysia |
| Outcome of Meeting | 8TH ANNUAL GENERAL MEETING DULY CONVENED AND HELD ON 22 NOVEMBER 2023 (“the AGM”)
On behalf of the Board of Directors of FoundPac Group Berhad (the “Company” or “FPGROUP”), we wish to inform that Commercial Quest Sdn Bhd was appointed by FPGROUP as scrutineer to validate the votes cast at the AGM. The poll-voting results of the AGM are as follows.
There was no key matters being discussed at the AGM. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors Fee of up to RM149,500 for the period from 1 December 2023 until the next Annual General Meeting ("AGM") of the Company.
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 3 |
| No. of Shares | 166,388,640 | 17,200 |
| % of Voted Shares | 99.9897 | 0.0103 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the other benefits (excluding Directors Fee) payable to Non-Executive Directors of up to RM136,500 for the period from 1 December 2023 until the next AGM of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 6 |
| No. of Shares | 166,464,680 | 23,500 |
| % of Voted Shares | 99.9859 | 0.0141 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Ong Choon Heng, a director retiring under Paragraph 102 of the Constitution of the Company and who, being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 0 |
| No. of Shares | 166,415,980 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms. Chan Bee Cheng, a director retiring under Paragraph 102 of the Constitution of the Company and who, being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 0 |
| No. of Shares | 166,488,180 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 0 |
| No. of Shares | 166,415,980 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the Authority to Issue Shares pursuant to the Companies Act 2016 and approvals from the relevant authorities where necessary. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 6 |
| No. of Shares | 166,464,680 | 23,500 |
| % of Voted Shares | 99.9859 | 0.0141 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the Renewal of Authority to Purchase the Company's Own Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 0 |
| No. of Shares | 166,478,040 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | FOUNDPAC GROUP BERHAD |
| Stock Name | FPGROUP |
| Date Announced | 22 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-21112023-00002 |
| Corporate Action ID | MY231121MEET0002 |